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Faktory ovplyvňujúce cenu českých štátnych dlhopisov počas jednotlivých ekonomických cyklov
Albrecht, Peter
ALBRECHT, P. Factors affecting the price of the Czech government bond during individual economic cycles. Bachelor thesis. Brno: Mendel university in Brno, 2018. This bachelor thesis is about the influence between Czech government bond prices with 10 years maturity and inflation, the PRIBOR rate, yield and the currency pair EUR/CZK in period pre-crisis, post-crisis and crisis in years 2008 and 2009. The thesis analyses studies dealing with factors affecting bond prices. It is analyzed whether individual factors affected the bond price during each period. This relationship is tested with correlation analysis. At first there is an analysis of the development of the bond prices and each factor individually and then their mutual influence is examined. Further it is analyzed the reason of demand for the bonds against their low yields. At the end it is discussed why it is beneficial for investors to watch the PRIBOR rate, inflation and the currency rate EUR/CZK in pre-crisis and post-crisis periods and yield during all periods.

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5 Albrecht, Patrik
3 Albrecht, Pavel
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